STOCK TITAN

Bel Fuse (BELFA) affiliate notifies sale of 3,444 vested Class B shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Bel Fuse Inc. submitted a Form 144 notice proposing the sale of 3,444 shares of Class B Common Stock. The filing lists an aggregate value of $688,800.00 and indicates trading on NASDAQ. The shares derive from an RSA grant dated 03/15/2024 that vested on 03/15/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies intent to sell 3,444 vested RSA shares valued at $688,800.00.

Form 144 is a required notice for proposed sales by affiliates under resale rules. The filing identifies 3,444 Class B Common Stock shares tied to an RSA grant dated 03/15/2024 that vested on 03/15/2026.

Cash‑flow treatment and whether the sale is open‑market or another method are not specified in the excerpt; subsequent filings or broker reports would show execution details.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Bel Fuse's Form 144 disclose about the transaction?

The Form 144 discloses a proposed sale of 3,444 Class B Common Stock shares with an aggregate value of $688,800.00. It ties the shares to an RSA grant dated 03/15/2024 that vested on 03/15/2026.

Does the Form 144 show when the shares will be sold?

No specific sale execution date is provided in the excerpt. The filing notifies intent to sell; actual sale timing and method are not stated and require subsequent transaction reports or broker confirmation.

Are these shares newly issued or from a compensation grant?

These shares originate from a restricted stock award (RSA) granted on 03/15/2024 and shown as vested on 03/15/2026, indicating they were compensation‑issued shares now eligible for resale.

Who is the broker listed for the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services at 1 New York Plaza, New York. The excerpt pairs the broker with the securities and proposed sale notice.

Does the filing state how much cash the issuer receives?

The excerpt shows an aggregate dollar value of $688,800.00 for the shares, but it does not state who will receive proceeds or any use of proceeds; proceeds treatment is not specified in the provided content.